Home » Industrial, Major Trends and Insight, Video » The New Industrial Revolution


September 6, 2012

The New Industrial Revolution

Traditionally, manufacturing has been outsourced on a global level as a cost saving effort. However, a new manufacturing trend has emerged in recent years called 'nearshoring', with manufacturers locating production facilities closer to their end markets. Sarah Boumphrey, Head of Countries and Consumers Research at Euromonitor, states that nearshoring is a result of technological progress as new manufacturing technology is developed and can be cost effective for manufactures to produce goods in high wage countries.

Watch this video on Youtube


« Growth in Antimicrobials Boosted by the Fear Factor | Main | Hear Euromonitor Speak at PayTECH 2012 »

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


View our YouTube Channel Follow Euromonitor on Twitter Become a Fan on Facebook Connect with Euromonitor on LinkedIn

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Key Risks to the Emerging Market Outlook in 2014

Sound Bite: Expansion Strategies for Private Label Manufacturers

Control de peso en Latinoamérica: claves de una industria millonaria

Overview of Q2 2014 New Product Launches in Home Care

Where is Youth Unemployment Rising and Falling Globally?

Coffee Shops are Best Positioned to Benefit from Mobile Payments

How Affordable is Beer Around the World?

Whirlpool Will Buy Majority Stake in Indesit

Chinese Acquisitions Abroad: Challenges and the Concept of Globalisation, Part 2

Special Report: The Global Population Will Hit Eight Billion By 2025